MycoPro boom: How Warren Mkhize turned fungi into fortune

Loading player...
With 24% of young university graduates unemployed in South Africa, Warren Mkhize found himself struggling to secure work in 2020. Then, during a thunderstorm, he spotted mushrooms growing from the ground, which spark an idea. Researching South Africa’s mushroom industry, he discovered its high success rate and lack of barriers to entry. Seizing the opportunity, he founded MycoPro, cultivating organic oyster mushrooms in upcycled agricultural waste. From an initial 10kg yield, his team now supplies 300–400kg monthly to the SuperSpar Group and Asian markets. Mkhize is also promoting mushrooms as a nutritious meat alternative, educating people via social media. He aims to expand MycoPro into other provinces and is researching African psychedelic mushrooms for therapeutic use. “If regulations evolve like they did for cannabis,” he says, “we will explore it fully.”
23 May 2025 6AM English South Africa Investing · Business News

Other recent episodes

Boardroom Talk: RIP RW Johnson - leaving a huge hole in your nation's heart

In today's Boardroom Talk, Alec Hogg confirms the death of RW Johnson, one of South African political writing's sharpest and most combustible voices, and reflects on a decade of working with him: the audiobook that started it, the necrotising fasciitis he refused to let slow him down, the Steenhuisen column…
22 Jul 5AM 19 min

Unlocking High-Yield Private Debt: The Jaltech Income Opportunities Fund

Join the leadership team at Jaltech for an exclusive overview of the new Jaltech Income Opportunities Fund - a spin-off from their highly successful Section 12J investment strategy. Designed to target structured debt funding for established, mid-sized South African businesses, this fund addresses an unserved niche left open by traditional…
24 Jul 5AM 29 min

BN Daybreak: Zille on Joburg's last chance; AI stock warnings; Cape gangs; Civic tech

In today's BizNews Daybreak, Helen Zille warns Johannesburg faces its final chance to reverse municipal collapse. Heindrich Wyngaard explains why military presence alone cannot dismantle the Cape Flats' deep-rooted gang economy. Lance Dickson introduces "Ryze," a platform channeling public rage into organized civic action. Finally, Sean Peche cautions investors against…
23 Jul 11PM 15 min